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is going to break it down for us. what do these plans do with all that money? >> first off, the $50 billion infrastructure program would rebuild or build 150,000 miles of road, 4000 miles of railroad track, 115 miles of airport runways. essentially, that would be paid for with taxes on the oil and gas industries. it's a six-year program, no new jobs created immediately, and much of the criticism is that it is essentially a payoff to the unions. there is a second plan to be unveiled tomorrow, the "wall street journal" saying that this is a $200 billion plan, $200 billion worth of tax breaks for businesses. it would speed up the writeoff, for example, bill, you spend $10,000 on a computer right now, and immediately, that $10,000 comes off your business income, taxable business income. overall, no new jobs created immediately, some say that this is the president scrambling because his polls on the economy are looking very, very bad, and both of those plans would require a vote in congress, which is not likely. bill: wow, so here we are, post labor day. i can't think of a bigger issue in the co
the u.s. government orchestrated the attack to reverse the declining american economy and its grips on the middle east in order to save the zionist regime. martha: pretty incredible, huh? the u.s. delegation thought so, too, they stood up and stormed out of the room on that. the obama administration called the iranian leader's comments outrageous and offensive and around new york, listen to this: thousands of people out there, they have been protesting his presence in this city for days, they even blasted his hotel for even accommodating him. bill we are awaiting at the moment a news conference in new york where ahmadinejad will speak yet again. certainly this topic and more will come up. good morning here in new york. >>> their company got your bailout dollars, now chrysler workers caught on video doing -- videotape doing more than just changing sparkplugs, chugging beer and smoking marijuana in the motor city. the exclusive investigation, carried out by a news team, wjbk television, has the evidence on videotape and these fellows were not shy. stuart varney, anchor of varney & com
, everybody, i'm bill hemmer, welcome to america us newsroom. martha: short weekend for us good to see you here, good morning, i'm martha mcoccasionum. one of the highest researchinging republicans in the house says if it is the only option, he will go along with the president. we're talking, of course, about house minority lead john boehner, he got a lot of attention over the weekend with this one, he says he will go for allowing the bush tax cuts to end just for the middle class if that's all he can get, even though he he and her republicans think it would be bad to raise the taxes on anybody. listen to this: >> if the only option i have is to vote for some of those tax reductions, i'll vote for them. but i've been making the point now for months that we need to extend all the current rates for all americans, if we want to get our economy going again and we want to get jobs in america. >> so you are saying you would vote for the middle class tax cuts if that's all you can get done? >> if that's what we can get done, but i think that's bad policy. i don't think that's going to help our ec
. they'll play another tune for us. that wraps it up. >> eric: magic man will be the tune. carolina. hurricane earl is a powerful category 3 storm. winds at 125 miles per hour off the coast of cape hatteras. it could make its way up to maine by the weekend. full fox coverage including the latest from the hurricane center out of miami. there is a fox news alert. jobs. the private sector lost 10,000 jobs in august. it's going the wrong way, that arrow is. martha: turn these things around. this report does not include government jobs. it's just private sector jobs. it's clearly a sign the economy is struggling to get back on its feet. bill: varney and company, what do you think of this? >> we were supposed to be adding hundreds of thousands of new private sector jobs each and every month. that where we were supposed to be. but we lost 10,000 jobs in the month of august in the private sector. they were spread around, small business 6,000, medium size business, net, net, 10,000 jobs. they are at the heart of our economic problems and the concerns coming up for november. president obama i
log on now. >> tomorrow, will arnett joins us, star of a new show on fox and glenn beck, star of his show on fox. >> and jane from "30 rock." have a fabulous monday, everyone. see you tomorrow. bill: one pepet there? kidding. good morning, everybody, thousands forced from their homes as a wildfire rages in the west, heightened security in the east, a lot to talk about on this monday. i'm bill hemmer. martha: good morning, ibm, i'm doing well, good to see you this monday, hi everybody, i'm martha maccallum. black hawk helicopters called in as flames hit salt lake city. >> we had fires out here but not this close. >> it was scary, getting close. martha: live report on that. bill: a surprise winner for 2012, how about indiana's mike pence winning that vote? what was his message? he's here in a moment to tell us exactly what he said. martha: new york is under tight security this morning as presidents and prime ministers and controversial leaders from around the world gather in the big apple to start off the united nations summit. iran is also there, always good for a shoeubging st
on in the election period. bill: are you at a hardware store, and small business in america, they have told us repeatedly they've been ignored. as we reflect in 2010 on the differences for the first contract in 1994, how different is it, shannon? >> reporter: well, even in just a rollout bill that you can see, that rollout back in 1994, contract with america, was on the steps of the u.s. capitol, everybody was in a suit and tie, there were dozens of lawmakers and candidates who actually physically signed on to this pledge, these ten items. today, we're out in suburban virginia, outside of washington, it's at a lumber yard, and this rollout today is going to start with a small business round table, they it's all about focusing on jobs, the economy, the folks we've seen here this morning, congressmen and women, they're not in suits and ties, they've got their shirt sleeves rolled up and are ready to get down to business. they want this to be a different rollout. they say a lot of the ideas are parallel from 1994 but they say this time they listened to the american people, they say these ideas co
for joining us today. >> thank you. >> see you tomorrow. bill: hey tkpwaoeurbgs thanks to you also, a great show this morning. breaking details involving a terror arrest, police say this man, 22-year-old, planted a fake bomb in a trash can in chicago, about a block from wrigley field and that he had more targets in mind, a lot to learn about this story. it's breaking right now and i'm bill hemmer, how you doing, martha? martha: doing well, good morning, everybody. i'm martha maccallum. we are learning disturbing details about the man, sami samir hassoun. >> we considered him to be a serious threat to the public and if we didn't provide him with the materials he thought were need to carry out his plot he could have gone to someone aelts, got the assistance -- gotten the assistance he needed and carried out the attacks. martha: he told agents he wanted to terrorize chicago to create chaos. we're getting a report from chicago and will get it to you shortler. >> a shooting at the fort woods army base in texas ends with a gunman shot dead and two victims wounded, army officials say it happened i
've been this is an enormous fire because. if you take a look at south of us, that's where the fire is going on there, it's a neighborhood that's being protected by firefighters. they're there, just in case these keupbdz winds shift again and right now they're blowing from us towards the fire, so i would say away from we are now. in a few minutes that we've been here, we've seen the flames brought down quite a bit. you can't really see flames from where we're standing at this point but certainly this is in a very tens situation in this neighborhood and frankly a lot of the neighbors have been out, trying to simply lend a hand to the police, firefighters, they've been directing traffic, telling people to stay out where they shouldn't be going, keeping cars away from the emergency personnel area where they're trying it get. this is a neighborhood on guard, watching out for each other, watching out for the emergency personnel as well. when we first got out here, as i was telling you, when we first got out here, the flames were quite a bit bigger. walk to your left here and look at that
maccallum, thank you for being with us today. here's the issue, the guard en arches is denying those reports that they are considering not providing coverage. bill: the white house is saying the story is flat out wrong. stuart varney, the story is in the "wall street journal," owned by our parent company, by the way. what is the story? >> the "wall street journal" has gotten ahold of a letter from mcdonald's to the feds and that letter says, and i quote, now it would be economically prohibitive for our carrier to continue offering coverage, they say we can't afford to offer health care coverage for 30,000 of our employees under the current rules of the expected future rules of health care reform. bill, i have to to tell you, the speed and intensity of the denials of the story tell you how important it is. because at stake is president obama's promise that you will be able to keep the program, the coverage, the policy that you've got now if you like it. bill: tell me more about the pushback, the strength of the denial means what? >> well, look, you've got health and human services coming out
will join us for the after the show show. log on for our after the show show right now. >> peter: see you tomorrow, folks. economy, here's the weekly drum beat on jobs in america, 450,000 americans filing for first time unemployment benefits last week, that's down just a notch, down about 3000 from a week earlier, still not nearly enough to ease concerns on the economy. much more on that as we get rolling right now here in "america's newsroom". >>> there are new cracks showing in the democratic ranks ahead of the midterm elections over the hot issue of the bush tax cuts expiring. this is picking up by the day. good morning, everybody, i'm bill hemmer, live in "america's newsroom". how you doing, martha. martha: hi everybody, i'm martha maccallum. president obama facing growing opposition from members of his own party. this is the hot issue of the day, folks, over raising taxes on the highest earners in this country. now, some democrats, asking if that move, if raising it for the wealthy, could cause more harm than good. listen to this: >> so raising anyone's taxes at this moment in time i
maccallum, good to have you with us this morning. midterm elections are two months away and the president is expected to say that the bush tax cuts will be extended for some but not for all americans. bill: also martha is former budget director who was in the job a few months ago who said this is not a good idea, ready for a stalemate are new what's new. stuart varney, fox business network, host of varney & company. first the news, what do we expect to hear on the economy? >> today the president goes to cleveland, he is going to be pushing for a $200 billion tax credit plan, part of the overall stimulus program, he's going to get personal, he's going to talk about his own financial struggles, to use that as a way to leverage off on the economy front. that's what's going to happen today, bill. you mentioned stalemate there, and that's exactly what we've got. in a nutshell, if you look at overall policy, you do have stalemate. here's what you've got: you've got the president, he wants to spend, republicans and some democrats do not. the president wants to tax, republicans and some democrats
Search Results 0 to 10 of about 11

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